655 Iron Mountain Rd
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 13, 2024 | Sold | ||
| Sold | |||
| Oct 19, 2024 | In contract | - | |
| In contract | |||
| Jul 13, 2024 | Listed | $1,699,000 | |
| Listed | |||
| | |||
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Welcome to your MOUNTAIN RETREAT in the highly coveted Silverheels Ranch, where this EXQUISITE log home awaits. Nestled on 11 acres of pristine aspen and pine forest with CAPTIVATING ROCK OUTCROPPINGS, this property offers the perfect blend of natural beauty and luxury living! FOUR spacious bedroom suites, each with a full bathroom and walk-in closet, provide ample privacy and comfort! After a long day of hiking in the National Forest at the North end of the subdivision, bask in the breathtaking views of Mt. Silverheels from the large deck featuring an 8 person hot tub, just steps from the Primary Suite! The interior of the home is bathed in natural light with expansive views of the surrounding landscape creating an inspiring backdrop for daily living. Enjoy numerous well designed spaces within the home for rest and relaxation or grand gatherings: Great Room with wood burning fireplace surrounded by gorgeous moss covered granite stone, Loft ideal for a home office or a cozy reading nook, Lower Level Game Room with a wet bar, pool table and shuffle board for the ultimate game nights! Recent upgrades include NEW BOILER, NEW HOT WATER HEATER and EXTERIOR STAINING! Whether you seek a full-time residence or a vacation getaway, this property provides a lifestyle of comfort, serenity, and natural beauty!
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| Oct 18, 2021 | Sold | ||
| Sold | |||
| Aug 4, 2021 | Listed | $1,350,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017